Modifier Driver Fields

This article explains Modifier Driver fields in Model Reef.

You will learn:

  • What modifier drivers are.

  • When to use them instead of variables.

  • How to apply them as multipliers or growth rates.

Modifier drivers do not represent standalone economic quantities. They are adjustment series used to shape other drivers and variables.

1

What is a modifier driver

Modifier drivers typically represent:

  • Growth rates.

  • Percentage uplifts or discounts.

  • Seasonality indices.

  • Scenario specific adjustment factors.

  • FX or risk multipliers used purely as scalars.

They are almost always used inside formulas rather than reported directly.

2

Key fields for modifier drivers

When editing a modifier driver you will see fields such as:

  • Name For example Growth - Revenue, Uplift - Promo, Index - Seasonality.

  • Type Set to Modifier driver.

  • Units Often percentages, indices or unitless multipliers.

  • Time series grid Values per period representing the adjustment factor.

  • Notes and tags To document what the modifier does and where it is used.

3

How modifier drivers are applied

In formulas, modifier drivers are used as scalars, for example:

  • Adjusted revenue = Base revenue × Modifier driver

  • Cost = Base cost × (1 + Inflation driver)

  • Scenario B value = Base scenario value × Scenario modifier driver

They do not create P&L, Balance Sheet or Cashflow entries by themselves.

4

Scenario and branch specific modifiers

You can define modifier drivers that:

  • Apply to the entire model in a scenario (for example a scenario wide discount factor).

  • Apply only to a subset of variables via formulas.

  • Are used to simulate shocks, discounts, price changes and other sensitivities.

Because each scenario is its own model, you can maintain different modifier profiles per scenario.

5

When to use a modifier driver instead of a variable

Use a modifier driver when:

  • You want to tweak existing variable logic without duplicating variables.

  • You need a reusable scalar series applied in many places.

  • You want to centralise scenario specific multipliers for easy tuning.

Use a variable when the series itself should appear as a line item in financial statements.

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